ACE ARTHUR MADSEN (UT) - 2020 PPP Loan Borrower Profile (# 8208997102)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ACE ARTHUR MADSEN. The Paycheck Protection Program (PPP) loan was intended to provide incentives for small businesses to keep their workers on payroll.

You can see similar information for other borrowers in Utah.

Loan Detail

Loan Number
8208997102
SBA Office Code
0883
Processing Method
PPP
Curent Loan Amount
$35,900
Date Loan was Approved
Apr 15, 2020
Amount Forgiven
$36,165.56
Date Loan was Forgiven
Jan 14, 2021
Loan Status
Paid in Full
Loan Term
60 Months
Payroll Proced
35,900
Lender
Zions Bank, A Division of

Business Detail

Business Type
Sole Proprietorship
NAICS
621111
Borrower Location
VERNAL, UT
Project Location
VERNAL, UT
Rural/Urban
Rural
Hubzone
Yes
Labor Market Information (LMI)
No
Jobs Reported
3
Business Age Description
Existing or more than 2 years old
Data Source: SBA.